A Colorado lease agreement is written between a lessor and lessee to make a formal contract for the renting of commercial or residential property. It’s recommended that the landlord obtain the tenant’s personal information in order to properly run a credit and background check and to know if they are credible to pay rent on a monthly basis.
Table of Contents
Agreement Types (7)
Commercial Lease Agreement – For the use of any type of non-residential property including but not limited to land, office, retail, industrial, and storage space.
Download: Adobe PDF, MS Word (.docx), OpenDocument
Month to Month Lease Agreement – Known as a tenancy at will, allows the tenant and landlord to have a basic rental arrangement with no end date. The contract is canceled by sending a notice to the other party.
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Rent-to-Own Lease Agreement – Standard residential lease template with the added option of being able to purchase the premises.
Download: Adobe PDF, MS Word (.docx), OpenDocument
Room Rental (Roommate) Agreement – Contract amongst roommates to clarify payment, cleaning, and everyday responsibilities of the rental unit.
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Standard Lease Agreement – Fixed-term arrangement with a start and end date. Typically for one (1) year.
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Sublease Agreement – Allows a subtenant, with the written consent of the landlord, to take over another’s lease.
Download: Adobe PDF, MS Word (.docx), OpenDocument
Termination Lease Letter (Notice to Quit) – Allows a landlord to cancel a tenant’s lease for a general cancellation of a tenancy at will. The time period for canceling depends on the amount of time the tenant was on the property and the specified lease type (see Section 13-40-107).
Download: Adobe PDF
Disclosures
Lead Paint Disclosure – Federal law required for any housing structure built prior to 1978.
Access
There are no rules set by the State but the landlord is always recommended to give the tenant reasonable notice.
Security Deposit
Maximum – No cap.
Returning (§ 38-12-103 & § 38-12-104) – The landlord must send payment within one (1) month if the lease does not mention a return timetable. If the lease does mention a return range it cannot be more than sixty (60) days. If the lease was broken due to a hazardous condition because of gas equipment tenant should receive their money within seventy-two (72) hours.